It seems like innovation is rarely discussed in the Mergers and Acquisitions (M&A) sphere. It should be, because even small innovations have big impacts on the success of M&A firms, and specific transactions.
When it comes to M&A, innovation is all about maximizing efficiency in the drive to close transactions quicker, using better information. M&A-related innovations can be new technologies or processes—or they could simply be one firm or department embracing existing technologies and processes that save time and boost efficiency.
In his latest article for the Business Journals network, Mike Ella, CPA, CA, highlights some common existing resources that can enable M&A professionals to reach new heights of productivity and efficiency. In Innovating the M&A Process: Opportunities Await Change-Makers, Mike’s tips are but a few examples of innovation in action within the M&A sphere. Consider using them in your own daily work, and you could be on a better path for years to come.